Riyadh’s audit of its gas and oil reserves should confirm what we already know

The evaluation, performed by DeGolyer and MacNaughton was first initiated as part of Saudi Aramco’s preparations for its initial public offering

ROBIN MILLS
Robin Mills is CEO of Qamar Energy, and author of The Myth of the Oil CrisisBUSINESS

It seems to be one of the most consequential numbers for the global economy. It has attracted great attention and debate. The long-awaited independent audit of Saudi oil reserves confirms what we thought we already knew, but it still leaves some...